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Posts Tagged ‘Canada’

OIL GIANT ROYAL DUTCH SHELL PROFITS BONANZA

By David Cralk: Friday October 28,2011 OIL giant Royal Dutch Shell unveiled a doubling in profits ­yesterday thanks to higher prices as it vowed to slash European investment because of economic fears. Chief executive Peter Voser said the group was making good progress as it reported third-quarter profits of $7.2billion (£4.5billion) for the period to [...]

Shell is another country: they do things differently there

The oil giant handles budgets and projects of a size that would daunt nation states. The difference is that it need answer to no one … and it’s running a huge surplus Posted by Terry Macalister Thursday 27 October 2011 13.08 BST The Guardian Shell: ‘ticking like a Swiss watch’. Photograph: Leon Neal/AFP/Getty Images What [...]

Economic benefits will likely win Keystone XL approval: Shell

Christine Dobby Oct 24, 2011 – 5:41 PM ET TORONTO — The U.S. government is likely to approve the Keystone XL pipeline in part because of the economic benefits that would come along with the controversial US$7-billion project, the head of Royal Dutch Shell’s North American operations, predicted Monday. In fact, the economic benefits attendant [...]

Will Malcolm Brinded be attending the funeral of his friend Gaddafi?

COMMENTS FROM A ROYAL DUTCH SHELL RETIREE ON CURRENT NEWS STORIES Interested in the report on this leak they are trying to stop in Athabasca… Oilsands leak turned mine to pond Few people probably realise this is a nightmare and very likely unstoppable until the whole aquifer runs out of energy. Compare it with a [...]

Looking to strike it rich for oil in offshore Ireland

After the Government granted 12 firms permission to look for oil and gas around Ireland this week, Peter Flanagan and Donal O’Donovan ask if the next big oil field is really on our doorstep Thursday October 20 2011 IRELAND has watched for years as neighbours in the UK and Norway reaped the benefits of staggering [...]

Shell set to plug leak that created pond at oilsands mine

Never-seen-before problem shows importance of additional seismic work in areas earmarked for mining By Dave Cooper, edmontonjournal.com October 14, 2011 The flooded pit at Shell’s Muskeg River mine now holds about seven million cubic metres of salty water after a deep crack formed in the rock below the mined-out area last year, allowing water from [...]

Oil leaks from supply vessel during refuelling

Saturday 24 September 2011 Page 8 Extract BY CHRISTINA LAVELLE AROUND 1,500 litres of oil leaked from an offshore supply vessel in Aberdeen harbour yesterday. The spill occurred when the Skandi Foula, owned by Shell, was being refuelled at Torry dock. A clean-up operation was under way last night and it is understood around 500 [...]

Shell Won’t Shed Refineries, CEO Says

SEPTEMBER 21, 2011 By RYAN DEZEMBER Royal Dutch Shell PLC’s chief executive says he has no plans to follow in the footsteps of rivals and shed refineries. “We will remain an integrated oil company,” Peter Voser, head of the Anglo-Dutch oil giant, said Wednesday in an interview with The Wall Street Journal. Several so-called integrated [...]

Shell On Track To Deliver Growth Targets For 50%-80% Cashflow By 2012

SEPTEMBER 9, 2011 LONDON (Dow Jones)–Royal Dutch Shell PLC (RDSA.LN), Friday confirmed that it has made solid progress in starting up three world-class oil & gas projects in 2011, which at peak will add some 400,000 barrels oil equivalent, and is on track to deliver its strategic targets for 50-80% growth in cash flow from [...]

Forum on Canada’s Policy on Arctic Offshore Drilling 12-16 September

TO – Alfred Donovan alfred@shellnews.net http://www.shellnews.net – http://royaldutchshellplc.com Subject – Forum on Canada’s Policy on Arctic Offshore Drilling 12-16 September G’day, Mr.Donovan. David Prior of EST Halifax has just cc’d me on your recent e-mails (re-pasted below). Our group RESTCo Inc is hosting a Forum on Canada’s Policy on Arctic Offshore Drilling from 12-16 September [...]

Shell Canada files paperwork for $1.35B carbon capture project

Regulatory application a first for Alberta By Dina O’Meara, Calgary Herald August 2, 2011 Shell Canada took its first regulatory step toward commercializing it carbon capture and storage project Quest, which will strip carbon dioxide from its Scotford oilsands upgrader near Edmonton. Photograph by: Ted Jacob, Calgary Herald CALGARY — Alberta could see its first [...]

Profits soar at Shell

Oil group unveils earnings of nearly £5bn for the last quarter Terry Macalister Thursday 28 July 2011 19.12 BST Profits at Shell soared 77% to nearly £5bn in the last three months, but the oil group said there was little chance of lower prices for motorists, with energy prices due to rise even further in [...]

Shell Reports Higher Earnings on Oil Prices

Jason Alden/Bloomberg: A Shell station in London, U.K. Shell posted adjusted earnings of $6.6 billion, matching the mean estimate of nine analysts surveyed by Bloomberg. By Eduard Gismatullin – Jul 28, 2011 8:47 AM GMT+0100 Royal Dutch Shell Plc (RDSA), Europe’s biggest oil company, said second-quarter earnings almost doubled on higher oil prices and project [...]

Royal Dutch Shell Profit Nearly Doubles

By JULIA WERDIGIER: July 28, 2011 LONDON — Royal Dutch Shell, the biggest oil company in Europe, said on Thursday that its profit almost doubled in the second quarter on higher oil prices and as new oil and gas projects came on stream. Profit rose to $8.7 billion in the April-through June period, from $4.4 [...]

Shell CEO: China Shale Gas a Big Opportunity

Anglo-Dutch energy giant, Royal Dutch Shell has been pushing into China’s energy market. The company has been deepening ties with state-owned China National Petroleum Corp. (CNPC) and subsidiary PetroChina to explore and develop natural gas in the nation. In an exclusive broadcast interview with CNBC’s Christine Tan on Managing Asia, CEO Peter Voser says China [...]